$824,900
Tucson, AZ 85701
MLS# 22617389
2838 sqft
1 / 41
Property Description
Discover an exceptional investment opportunity in the heart of Downtown Tucson! This rare triplex offers three units for the price of one and features highly desirable split zoning, allowing for both residential and commercial use. Whether you're envisioning long-term rentals, Airbnb accommodations, professional offices, retail, or a live/work concept, the possibilities are endless. Surrounded by the energy, charm, and vibrant lifestyle of Downtown Tucson, this unique property is perfectly positioned to capitalize on the area's continued growth. A versatile investment with unlimited potential in one of Tucson's most sought-after locations!
Details
Maps
Documents
Address Information
Street #: 215
Direction: S
Street Name: 5th
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA
Location Tax Legal
Tax Code: 117-06-248A
Area: Central
Subdivision: Tucson
Contract Information
Current Price: $824,900
List Price: $824,900
Listing Date: 2026-07-14
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 60'118'60'121
Lot Acres: 0.16
Lot Sqft: 7144
Lot Size Source: Assessor
Combined SqFt: 2838
Year Built: 1937
Total Parking: 2
School District: TUSD
Elementary School: Safford K-8 Magnet
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 290.66
Lot Size Price/SqFt: 115.47
Remarks Misc
Geo Lat: 32.219361
Geo Lon: -110.966739
Showing Information
Directions: From the major intersection of Broadway Blvd & 6th Ave in Downtown Tucson: Head east on Broadway Blvd approximately 0.2 miles to 5th Avenue. Turn right (south) onto S 5th Avenue and continue approx
Unit Info
# of Units/Studios: 1
# of Units/1 BR: 1
# of Units/2 BR: 1
Unit 1 Information
Monthly Rent: 2350
# Beds: 2
# Full Baths: 1
SqFt: 1546
Occupancy: Yes
Stories: Multi
Floor: 1st
Furnished: No
Parking: On Street
Unit 2 Information
Monthly Rent: 1650
# Beds: 1
# Full Baths: 1
SqFt: 397
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1350
# Full Baths: 1
SqFt: 269
Stories: Single
Analysis
Cap Rate %: 0.55
Gross Rent Multi: 183.14
Income
Gross Scheduled Rent: 4750
Adjusted Gross: 4750
Net Opp Income: 4750
Expenses
Figures Presented: Proforma
Dining Room
Other: Flex Room
Extra Room
Other: Den/Office
Floor Covering
Other: Flagstone
Main Cooling
Other: mini split
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Masonry Stucco
Style: Bungalow
Roof: Shingle
Living Areas: Living Room
Dining Areas: Formal Dining Room
Breakfast: Eat-In
Kitchen Features: Gas Range
Bathroom Features: Pedestal Sink(s)
Laundry: Outside
Interior Features: Entrance Foyer
Floor Covering: Concrete; Wood
Window Covering: Some
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Gas Pac
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: Community
Fence: Wrought Iron
Landscape - Front: Low Care; Trees
Landscape - Rear: Low Care; Trees
View: Residential; Mountain(s)
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: Historic
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: Owner/Agent
Offer Instructions 
Listing Office: Real Broker
Last Updated: August - 06 - 2026
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